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U.S. To Shop Till It Drops on Record-breaking $7.8 Billion Cyber Monday

November 26, 2018

Via: Fortune

American consumers are set to spend $7.8 billion this Cyber Monday, making it the biggest online shopping day in U.S. history.

That figure outstrips 2017’s Cyber Monday spending by 18% and surpasses online spending on Black Friday in 2018 by more than $1.5 billion. The shopping holiday has grown quickly since its launch in 2005 as a counterpart to Black Friday, the official kick-off of the Christmas shopping period. That year Cyber Monday saw a mere $484 million in sales. It wasn’t until 2015 that Cyber Monday pulled in more than $3 billion, after 10 years.

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